Leaders of the seven most advanced economies in the world are meeting in Germany this week. The discussions have been dominated by Russia and the war in Ukraine. How to cut the price down on Russian oil was a major discussion Sunday. Leaders are looking to establish a cap on Russian oil prices. This would effectively create an oil buyers’ cartel, though nothing has been set in stone yet. Gregory Brew, who studies energy policy at Yale University, says there’s a number of stumbling blocks in front of this idea.
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!